Great Value Unit at Heart of Orchard with good yield! Don't miss!
Rare! Bright and Breezy Unit for sale. Currently tenanted till mid August 2025.
✓Unique Colonial Clubhouse with great facilities.
✓3 minutes drive or 13 minutes walk to Orchard Boulevard MRT
✓Heart of Orchard, 5 minutes drive to Orchard MRT
✓6 minutes drive to Great World City mall and MRT
✓Close to good schools and malls
✓Good investment yield above 3%
Don't miss this rare opportunity to own this beautiful apartment. Call Now!
Spring Grove, a leasehold condominium completed in 1996, boasts a 99-year lease starting from 1991. Situated in District 10 along Grange Road in Tanglin, it comprises 325 units spread across a land area of 24,482 sqm and a Gross Floor Area of 51,413 sqm. The demographic breakdown of buyers includes Singaporeans (58.5%), PRs (17.6%), foreigners (18.5%), and companies (2.9%).
Access to this development is facilitated by nearby MRTs, including Orchard Boulevard TE13 and Orchard TE14, NS22. In the past year, transaction prices ranged from S$1,618 psf to S$1,906 psf, averaging at S$1,757 psf. Notably, a 1,668-sqft unit recorded the highest transaction at S$1,906 psf in Dec 2023, while the lowest was S$412 psf in Aug 2004 for a 1,722-sqft unit. The current rental yield stands at 3.5%.
District 10, encompassing Tanglin, Farrer Park, Bukit Timah, Holland Village, and Ardmore Park, attracts buyers and tenants. It features residential areas, the Singapore Botanic Gardens, major embassies, and popular expat hangouts like Holland Village. Bukit Timah boasts high-end properties and international schools, while Ardmore is renowned for luxury living near six-star hotels and prestigious schools.
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